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Greg Peterson

Greg Peterson, the founder behind the Machinery Pete brand, has built an extensive industry network connecting 950 regional auctioneers, 600 ag lenders, 2,000 implement dealers, and thousands of farmers across the U.S. and Canada. Since 1989, the Machinery Pete platform has compiled a database of over 500,000 auction prices on used farm and construction equipment, expanding in 2015 to launch a dealer listings site featuring analytics and marketing services.

As an individual commentator, Peterson serves as Farm Journal Media’s multimedia expert on used equipment values across print and broadcast. A sought-after speaker for farmer and investor audiences, he hosts Machinery Pete TV—a weekly 30-minute show launched on RFD-TV in November 2013. Peterson’s personal audience engagement includes over 200,000 Facebook followers and 60,000 YouTube subscribers.

Latest Stories
Search traffic for used skid steers at MachineryPete.com jumped 80% in fourth quarter 2017 versus the previous quarter and 62.6% compared with fourth quarter 2016.
When used combine values took a hit at several auctions in mid- to late December 2015 I thought the trend would continue in 2016.
Let’s talk used combine values, which, according to our data, have been holding for 18 months.
The popular idea that you should trust your gut on a decision isn’t bad advice.
As the number of machinery auctions increases across the country, prices for used combines remain strong. The data table on page 44 highlights auction prices for November 2017, and while not every combine sold on the high side, there are a few strong prices that jump off the page.
These grain carts had tracks.
This pair of Brent 644 gravity wagons sold at a southeast Iowa farm auction Wednesday.
What’s the biggest surprise in the used equipment market thus far this year?
Can a market be hot and cool at the same time? Yes.
Used equipment values have continued to increase the first quarter of 2021. That’s true across nearly all equipment categories, including self-propelled sprayers.